Accounting Settings

Company tax, terms, and QuickBooks account defaults.

Sales Tax8.75 %

Default company rate

TermsNet 30

Default due date rule

AR AccountAccounts Receivable

QuickBooks receivables

AP AccountAccounts Payable

QuickBooks payables

Default Sales Tax Rate Default Payment Terms Days AR Account AP Account Sales Income Account Parts Income Account Labor Income Account Freight Income Account Inventory Asset Account COGS Account Job Materials Expense Account

How These Settings Are Used

Area	Behavior
Invoices	New invoice due dates use payment terms. Invoice tax recalculates from customer/company tax settings.
Customers	Each customer can override tax rate, payment terms, or be marked tax exempt.
QuickBooks Export	AR, AP, sales, parts, labor, freight, and materials account names come from these defaults.